Asea Newsletter 2014

8/11/2019 Asea Newsletter 2014

1/6ASEA 2014 Conference 1

INFORMATION, NEWS AND SUPPORT

SECURITY UPDATE

The Nairobi Securities Exchange (NSE) marks its 60thAnniversary by hosting

the 18thAfrican Securities Exchanges Association (ASEA) Annual General

Meeting (AGM) and Conference from the 23rdto 25thof November 2014 in

Diani, Kwale County, South Coast, Kenya.

Dear Delegates,

We are sending you this email to provide you with an update

on the current security situation in Kenya with particular focus

on Diani, South Coast, venue of the 18 thASEA Conference to

be held from 23rdto 25thof November, 2014.

The 2014 ASEA Conference will be held at the Leisure Lodge

Resort, Diani, South Coast, Kwale County, Coast Province of

Kenya.

The security situation at Kenyas South Coast has remained

calm and peaceful over the last 24 months and as a result the

current USA and UK Government travel advisories, issued on

some parts of the Kenyan coast have NOT affected the South

Coast.

The most affected areas along the Kenyan coast are towards

the North bordering the Somali border nearly 380kms away

from Diani, South Coast. As well as areas around Lamu island

(342kms North of Mombasa) and Mpeketoni (318kms North

of Mombasa).

Hotels, shopping and entertainment areas on MombasaIsland, the South Coast and Nyali (North Coast) remain open

and operational late into the night. Air, Rail and Road travel

operations between Mombasa and Nairobi, Diani and Nairobi

and Diani and Mombasa remain unaffected.

Travel across the Nyali Bridge (linking Mombasa Island and

the North Coast and onward to Kilifi, Malindi and Lamu) and

travel across the Likoni Channel (linking Mombasa Island and

Likoni, Tiwi, Kwale, Ukunda, the South Coast and onwards to

the Tanzania border) remain unaffected.

Security at the Conference Venue

The Leisure Lodge Resort and partner hotels are secured as

follows:

Controlled Access:

Leisure Lodge Resort and the partner hotels have secure

controlled access points, manned by private security guards

around the clock. The perimeter of each establishment is

secured with fencing.

CCTV and Metal Detectors

Most areas of the hotel are under 24/7 CCTV monitoring and

access points have controlled metal detectors.

The theme of the18thEdition of the ASEA Conference will beAfrica on the

Rise: Strengthening the Capital Markets Ecosystem to Fuel Economic Growth.

The ASEA Conference will focus on how the African capital marketsecosystem can be strengthened to enable African Exchanges to better serve

the needs of African economies and transform the continents future.

To enable African Securities

Exchanges to be key significant

drivers of the economic and societal

transformation of Africa by Year

2025.

ASEA 2014 Conference

A S EA CONFER ENCE NEW S LET T ER


2/6

ASEA 2014 Conference2

This years Conference aims to attract key decision makers in the both the African

and global Capital Markets and Economists such as;

Tis years Conference will provide ASEA members various platforms for networkingand interactions to share in the African Economys Objectives;

Africa on the Rise: Strengthening the Capital Markets

Ecosystem to Fuel Economic growth.

Law Enforcement

Hotel security the local police and Criminal

Investigation Department support the hotels

extensively during peak seasons and during

conferences. Police escorts are provided for guests

travelling from either the Ukunda airstrip or the Moi

International Airport.

Security Desk

Security Information; a well informed security desk

will be set up at strategic points Airport, Ferry and

Hotels to monitor and update on prevailing security

situations and offer assistance where required.

PROXIMITIES TO DIANI

TOWNS DISTANCES

Nairobi-Mombasa 483 Km

Lamu-Mombasa 342 Km

Mombasa-Diani 40 Km

Lamu-Diani 375 Km

Nairobi-Diani 521 Km

Somalia Border-Diani 956 Km

1. The President of the Republic of Kenya

2. Heads of States of the East African Community

3. African Development Bank Group DB President

4. National Treasury CS Honourable Henry Rotich

5. CEO of the Capital Markets Authority

6. International moderators and guest speakers

ASEA members and delegates

from the 23 African Securities;

i. Chief Executives

ii. Trading Participants

iii. Investor Relations

iv. Fund Managers

1. Showcase the growth of Africa as reflected in the diversity ofproducts being offered by African Exchanges;

2. Position African Capital Markets as engines of growth in Africa

financing infrastructure, managing risk (futures and options)

on agricultural, mineral, interest rates, currency prices.


3/6

ASEA 2014 Conference 3

Voted Kenyas Leading Resort 2010, 2011

and 2012 at the prestigious World Travel

Awards, Leopard Beach Resort & Spa has

a reputation for excellence.

As well as enjoying prime position

on Diani Beach on Kenyas South

Coast, the resort has extensively

upgraded accommodation and

facilities making it the preferred

destination for holidaymakers

and business travellers alike.

Swahili Beach Hotel, an innovative five

star resort development, is centrally

located on the famous Diani Beach of

Kenyas south coast.

This unique hotel offers a harmonious

blend of the architectural influences from

the East African coast, Arabia, India, and

Zanzibar that have fused over millennia

to create the vibrant Swahili culture.

You will nd the holiday of your dreams

in a tropical paradise far away from

the everyday life in our resort. Relax in

the sunshine under palms and enjoy a

refreshing breeze from the sea.

The sound of crunching footsteps in the

warm white sand, the overwhelming

velvety night sky illuminated by millions

of stars, the view on the African sun

appearing miraculously out of the Indian

ocean, the extremely colourful ocean.

Register nowwww.2014aseaconference.org

Leopard Beach Leisure LodgeSwahili Beach

CONFERENCE HOTELS


4/6


Mr. Sunil Benimadhu

has been in office asChief Executive of

the Stock Exchange

of Mauritius (SEM)since May 1998

after having held various positions

in the Securities Industry. He has

played an instrumental role in

uplifting the operational, technical

and regulatory infrastructure of

the SEM and contributed to its

emergence as one of the leading

Exchanges in Africa. Sunil is

currently the President of the

African Securities Exchanges

Association (ASEA)an association

of 23 Exchanges operating on the

continent. He is a regular speaker on

emerging markets and on African

markets in international stock

exchange conferences.

Before joining the Stock Exchange

of Mauritius, Mr. Sunil worked in the

Treasury Department of the African

Development Bank (ATDB)from

February 1997 to April 1998, where

he managed the Banks assets on

international xed-income markets.

He was the General Manager of

the National Mutual Fund Limited

between December 1992 and

February 1997. He played an

instrumental role in the structuring,

marketing and setting up of the

National Investment Trust Limited,

one of the largest investment trusts

listed on the Stock Exchange of

Mauritius.

He holds a MBA in Finance and

Investment from the University ofIllinois, United States. He also holds

a D.E.A in Development Economics

and a Matrise in Macro-Economics

from the University of Aix-Marseille,

France.

Mr. Eddy Njorogeis a Bsc. (Hons)

Chemistry/

Biochemistry

graduate from Makerere

University. He has also undertaken

many courses in management,

nance, investments and Corporate

Governance. Mr. Njoroge has a

very rounded experience in the

corporate and nancial sector.

In 2011, Mr Njoroge was voted

the Africa Investor 100 CEO of the

year and the Utility CEO of the

year. In 2012, the Africa Energy

Forum presented him with a life-

time award for his contributions to

Africas power sector.

In 2003, coming from the Private

Sector, Mr. Njoroge was appointed

as the Managing Director and Chief

Executive Officer of the government

owned Kenya Electricity Generating

Company (KENGEN)and

spearheaded the transformation

of the company from a parastatal

to a publicly listed company with a

commercial orientation. He retired

in June 2013. From 2008-2012, Mr.

Njoroge was the President of the

Union of Producers and Distributors

of Electric Power in Africa, giving

him a unique perspective of Africas

Power sector.

Currently, he is the Chairman of

the Investment Committee of

Auroes East Africa Fund, Member

Investment Committee- Africa

Renewable Energy Fund, Chairman

of Telkom Kenya and a board

member of CfC Stanbic Bank, Real

Insurance Ltd, and Proctor & Allan.

Mr. Njoroge has been decorated

by the French Government with

the Order National du. Merit for

his contributions in advancement

of power generation in Africa.

He was also awarded the Elder

of the Burning Spear (EBS)and

the Chief of the Burning Spear

(CBS); two national honors by the

former President of Kenya, His

Excellency Mwai Kibaki. He was also

awarded the Life Time Award for his

contribution to the power sector in

Africa.

ASEA 2014 CONFERENCE SPEAKERS


5/6

ASEA 2014 Conference 5

Mr. Peter Mwangi is the Chief Executive of the Nairobi Securities

Exchange. He is also a director of the Central Depository and

Settlement Corporation Ltd in Kenya, and a Member of the

Executive Committees of the African Securities Exchanges

Association (ASEA)and the East African Securities Exchanges Association

(EASEA).

Before joining the Exchange, Mr. Mwangi was the Managing Director of

Centum Investment Company Ltd from 2004 to 2008, Centum Investment

Company is the largest publicly quoted investment company in the East

African region. He started his career in the Kenya Air Force where he worked

for 5 years and left having attained the rank of Captain.

He holds a Bachelor of Science Degree in Electrical Engineering from theUniversity of Nairobi. He is a member of the CFA Institute, the CFA Society

East Africa, Institute of Certied Public Accountants of Kenya, Institute of

Certied Public Secretaries of Kenya, Institute of Directors of Kenya and the

Kenya Institute of Management.

Mr. MichaelMgwaba is the

Vice President

for Exchange

Traded Products at Absa CIB.

He has more than eight (8)

years experience working with

Exchange Traded Products and

Multi Asset funds. He is currently

responsible for the development

and origination of innovative

funds and solutions for retail

and institutional investors. In

particular, he is responsible for

the listing of Absas commodity-

linked ETFs and has an overall

responsibility for the development

of the companys ETP business in

Africa.

In April 2013, he successfully

structured and listed the NewPlat

Platinum ETF, which has rapidly

grown to become the largest

platinum ETF globally and second

largest ETF on the JSE (after Absas

NewGold ETF), with over R9.6bn in

assets.

In July 2013, he also successfully

concluded the secondary listing

of the NewGold ETF on the Stock

Exchange of Mauritius (SEM).

This is testament to the very

successful collaboration between

Absa and the SEM in the journey

to introduce ETFs to the Mauritian

market. Michael was responsible

for all the aspects of this complex

project. To date he has been

involved in the successful listing of

ETFs in ve (5) African countries.

In 2013 he won the Association of

Black Securities and Investment

Professionals (ABSIP)Multi Asset

Manager of the Year, an award that

recognizes the best talent within

the nancial services sector in

South Africa.

Mgawba is a member of the South

African Institute of Stockbrokers

(SAIS) and graduated with a

Bachelor of Commerce (B.Com.)

(Acc) Honours Degree from the

University of KwaZulu-Natal.

ASEA 2014 CONFERENCE SPEAKERS


6/6


Key African stock/securities markets decision makers in the continent came together to debate

and suggest solutions for the issues that characterize the African Capital Market Nairobi, Kenya,

on June 16th, 2014: Chairman of the Nairobi Securities Exchange Mr. Eddy Njoroge has today

outlined the importance of African securities being at the forefront in getting solutions to African

problems.

Speaking when he announced that the 18thedition of the African Securities Exchange Association

(ASEA) Conference and AGM will be held from the 23rdto the 25thNovember 2014 in Kenya, the

NSE chairman reiterated the need for African Securities exchanges to be central to the continents

socio-economic endeavours.

This conference is very important as it will

highlight relevant issues relating to African

financial markets and global financial trends.

It is an important opportunity for key decision

makers to come together, debate and suggest

solutions for the issues that characterize the

African Capital Markets, he said.

This years conference which is titled Africa on

the Rise: Strengthening the Capital Markets

Ecosystem to fuel Economic Growth will seeover 350 participants drawn from all over the

globe attend the November forum.

The conference will serve as a forum for dialogue

and sharing of ideas on Africas quest for a more

vibrant capital market.

On his part, NSEs Chief Executive, Mr. Peter

Mwangi encouraged corporates to participate in

the conference as it will be a brilliant networking

activity.

We believe the Conference is a perfect

opportunity for players in the industry to

reach out to capital markets stakeholders, key

policy and decision makers on a regional and

international level with the aim of discussing

ways to enrich our African economy, he said.

The African Securities Exchanges Association

(ASEA) is the premier Association of 23 securities

exchanges in Africa. ASEA aims at developing

member exchanges, enhancing the global

competitiveness of Member Exchanges and

providing a networking platform.

Established in 1993, ASEA works with African

Member Exchanges to unlock potential of

African Capital Markets by enhancing the

visibility of ASEA (http://2014aseaconference.

org/africa-securities-exchange-association)

NSE to host this years AfricanSecurities Exchange AssociationConference

SPONSORSHIP LAUNCH

Sponsorship launch at theSarova Stanley Hotel.

Documents

Asea Newsletter 2014